PKS Advisory Services LLC Purchases Shares of 6,297 iShares U.S. Technology ETF (NYSEARCA:IYW)

PKS Advisory Services LLC acquired a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,297 shares of the exchange traded fund’s stock, valued at approximately $1,005,000.

Other hedge funds have also added to or reduced their stakes in the company. Mainstream Capital Management LLC grew its stake in iShares U.S. Technology ETF by 1.3% in the 4th quarter. Mainstream Capital Management LLC now owns 4,945 shares of the exchange traded fund’s stock valued at $789,000 after purchasing an additional 63 shares during the period. Great Valley Advisor Group Inc. lifted its stake in iShares U.S. Technology ETF by 1.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock worth $600,000 after purchasing an additional 73 shares in the last quarter. XML Financial LLC boosted its stake in iShares U.S. Technology ETF by 1.7% during the fourth quarter. XML Financial LLC now owns 4,396 shares of the exchange traded fund’s stock valued at $701,000 after buying an additional 73 shares during the period. New Republic Capital LLC grew its holdings in shares of iShares U.S. Technology ETF by 4.4% during the fourth quarter. New Republic Capital LLC now owns 1,925 shares of the exchange traded fund’s stock worth $307,000 after purchasing an additional 82 shares in the last quarter. Finally, Marino Stram & Associates LLC lifted its holdings in shares of iShares U.S. Technology ETF by 4.6% during the 4th quarter. Marino Stram & Associates LLC now owns 1,990 shares of the exchange traded fund’s stock worth $317,000 after acquiring an additional 88 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of iShares U.S. Technology ETF stock opened at $149.37 on Tuesday. The company has a fifty day moving average of $156.55 and a 200-day moving average of $156.47. iShares U.S. Technology ETF has a 52-week low of $124.32 and a 52-week high of $167.30. The stock has a market capitalization of $18.63 billion, a price-to-earnings ratio of 33.00 and a beta of 1.16.

iShares U.S. Technology ETF Profile

iShares U.S. Technology ETF, formerly iShares Dow Jones U.S. Technology Sector Index Fund (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Technology Index (the Index).